John Schembari, a partner in Kutak Rock’s Omaha office, was quoted in the Omaha World-Herald article “Deserve a pay raise? Watch for perks instead” on August 3, 2015.
The article explains how more companies are offering fringe benefits instead of pay raises that usually come with annual performance reviews. After the 2008 economic recession, annual raises have decreased and employers are looking to reward employees in other ways.
Schembari, whose clients include longtime local businesses, provides an analysis of how perks beyond standard health and retirement benefits appear to be less common among the state’s established businesses. In the article Schembari states, “You see all these perks in big cities in California and the East Coast: on-site meals, dry cleaning services, pet care. That’s because companies in those cities want to keep their employees on-site. That’s not the typical Nebraska mentality; we’re more family-oriented. People do their work and then go home and spend time with their families.”
To read the full article, please click here.
Schembari’s practice concentrates on employee benefits, executive compensation tax, corporate, and privacy policy law. He works with private, public and government employers on their qualified and non-qualified retirement plans, employee stock ownership plans, insured and self-funded health plans, executive and incentive compensation programs and other equity-based compensation arrangements.